Unit 706, Elegance by Chaimaa: what it sold for and what it is worth now

Unit 706 at Elegance by Chaimaa is a 1 bed of 714 sq ft. It last sold for AED 992,000 on 15 Dec 2023. At AED 1,567 per sq ft, from 3 sales in the building in the last 12 months (1 bed), it is worth about AED 1,119,000 today.

Value todayAED 1,119,000AED 1,117,000 to AED 1,153,000
Last saleAED 992,00015 Dec 2023 · Off-plan
Change since last sale+12.8% 
Rent (median asking, 1 bed)AED 80,000Gross yield 7.1%
Bedrooms1 bed
Size714 sq ft
Floor7 (from the unit number)
Position in the towerStack 06: units ending 06 share the same layout and view
BuildingElegance by Chaimaa by Chaimaa Holding, handed over 2025
Registered sales of this unit1

Every registered sale of unit 706

DatePriceSizeAED/sq ftType
15 Dec 2023AED 992,000714 sq ft1,389Off-plan

Units ending 06 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
20621 Apr 2026AED 1,175,000752 sq ft1,563Resale
130612 Feb 2026AED 1,200,000715 sq ft1,678Off-plan
80612 Dec 2025AED 980,000714 sq ft1,373Off-plan
90615 Jul 2025AED 1,040,000715 sq ft1,455Off-plan
40614 May 2025AED 1,140,000714 sq ft1,597Off-plan
20614 May 2024AED 999,700752 sq ft1,329Off-plan
3067 May 2024AED 900,000714 sq ft1,261Off-plan
12063 May 2024AED 700,000714 sq ft980Off-plan

Latest 1 bed sales in Elegance by Chaimaa

UnitDatePriceSizeAED/sq ftType
14073 Jun 2026AED 1,250,000752 sq ft1,662Resale
5031 Jun 2026AED 1,180,000753 sq ft1,567Resale
20621 Apr 2026AED 1,175,000752 sq ft1,563Resale
14036 Mar 2026AED 1,200,000799 sq ft1,502Off-plan
13035 Mar 2026AED 1,200,000787 sq ft1,525Off-plan
13075 Mar 2026AED 1,100,000752 sq ft1,463Off-plan
30312 Feb 2026AED 1,200,000796 sq ft1,508Off-plan
130612 Feb 2026AED 1,200,000715 sq ft1,678Off-plan

How we worked out the value

We took the 3 sales in Elegance by Chaimaa in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 1,567). We multiplied it by the size of this unit (714 sq ft). The range uses the middle half of those sales (AED 1,565 to AED 1,615 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 1 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 706 at Elegance by Chaimaa worth?

About AED 1,119,000 (range AED 1,117,000 to AED 1,153,000), based on AED 1,567 per sq ft from registered sales up to 1 Oct 2026.

When did unit 706 last sell?

15 Dec 2023, for AED 992,000 (off-plan). It has 1 registered sale.

What rent can unit 706 make?

A 1 bed in Elegance by Chaimaa rents for about AED 80,000 a year (median asking rent). That is a gross yield of 7.1% on the estimate.

Sales alert for Elegance by ChaimaaAll sales in Elegance by Chaimaa

Unit 705 · Unit 707